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Banbury market report OX16
The standing OX16 (Banbury) property market report, rebuilt from the full public record every month. The raw material for this page is 28,970 HM Land Registry entries for OX16 (Banbury), going back to 1995: each an actual purchase at an actual price. Rents come from the ONS. Valuations, estimates and asking prices appear nowhere in it.
Sales recorded to July 2026; rents are ONS figures for May 2026. The page rebuilds with each monthly release.
In short: the typical home in OX16 (Banbury) sold for £287,500 in 2026, the median of 243 registered sales, up 3% on five years earlier. The mean was £302,700, and by floor area homes here have averaged about £3,510 per square metre over the last five years. The figures cover 28,970 sales recorded by HM Land Registry since 1995 and refresh with each monthly release: completed sale prices, not valuations or asking prices.
OX16 is the postcode district covering Banbury in Banbury. Districts are a practical way to slice a market: small enough to mean something locally, big enough to have a steady flow of sales to measure.
Where OX16 sits
Shaded by median price on the same scale as the average prices map. Click any shape to open it on the live map with every sale plotted at its address, or zoom in past street level to see the sold homes right here.
What a home in OX16 sells for
Across 243 registered 2026 sales, the typical (median) OX16 home went for £287,500. The mean is £302,700, modestly above it, the usual shape of a market with an expensive tail.
House prices per square metre in OX16
Per square metre, OX16 homes have averaged around £3,510 over the last five years of sales. The floor areas behind the figure come from Energy Performance Certificates, and the by-the-metre view is the fair comparison across home sizes.
Set against the £285,000 England and Wales median, OX16 sits 1% above the national market.
A typical OX16 home, priced year by year (1995 to 2026)
Year by year: the median as it was recorded, and the same figure brought into today's money with ONS CPIH, which is where "did homes get dearer" actually gets answered. Hover shows each year; the legend isolates a series.
See this chart as a table
| Year | Median (cash) | Median (today's £) | Sales |
|---|---|---|---|
| 2026 | £287,500 | £287,500 | 243 |
| 2025 | £300,000 | £307,174 | 800 |
| 2024 | £294,000 | £312,582 | 725 |
| 2023 | £285,000 | £313,145 | 669 |
| 2022 | £290,000 | £340,058 | 1,058 |
| 2021 | £280,000 | £354,516 | 1,143 |
| 2020 | £270,000 | £350,331 | 766 |
| 2019 | £260,000 | £340,798 | 853 |
| 2018 | £255,900 | £341,120 | 802 |
| 2017 | £240,000 | £327,336 | 850 |
| 2016 | £220,000 | £307,782 | 809 |
| 2015 | £194,400 | £274,687 | 774 |
| 2014 | £185,000 | £262,455 | 770 |
| 2013 | £175,000 | £251,808 | 725 |
| 2012 | £164,000 | £241,388 | 544 |
| 2011 | £158,000 | £238,519 | 539 |
| 2010 | £160,000 | £250,921 | 587 |
| 2009 | £150,000 | £241,126 | 607 |
| 2008 | £160,000 | £262,274 | 547 |
| 2007 | £165,000 | £279,886 | 1,329 |
| 2006 | £160,000 | £277,740 | 1,291 |
| 2005 | £153,200 | £272,634 | 1,238 |
| 2004 | £146,000 | £265,165 | 1,168 |
| 2003 | £133,000 | £245,018 | 1,129 |
| 2002 | £110,000 | £206,964 | 1,240 |
| 2001 | £90,800 | £174,558 | 1,209 |
| 2000 | £83,000 | £162,888 | 1,008 |
| 1999 | £68,600 | £136,716 | 1,322 |
| 1998 | £60,000 | £121,114 | 1,167 |
| 1997 | £56,000 | £114,845 | 1,269 |
| 1996 | £48,000 | £101,230 | 991 |
| 1995 | £46,500 | £101,084 | 798 |
In cash terms the typical OX16 home went from £46,500 in 1995 to £287,500 in 2026, roughly 6 times the price. Inflation explains only part of it: in today's money the rise is still about 184%, a genuine increase in what a home here costs. In inflation-adjusted terms the high-water mark was 2021. The market now sits about 19% below it, so a peak-time purchase has yet to recover its real value.
Year-on-year change in the OX16 median
Each bar is the change on the year before, in cash. The zero line is the boundary between rising and falling.
The strongest year on record here is 2002 (+21.1% on the year before); the weakest, 2009 (−6.3%). Single-year swings like these are why the annualised table below matters more than any one year's headline.
What OX16 has returned, per year
| Period | Cash, per year | Real terms, per year |
|---|---|---|
| 1 years (since 2025) | −4.2% | −6.4% |
| 5 years (since 2021) | +0.5% | −4.1% |
| 10 years (since 2016) | +2.7% | −0.7% |
| 20 years (since 2006) | +3.0% | +0.2% |
Compound annual growth of the median sold price; the real column deflates by ONS CPIH. Annualised figures smooth the cycle (the chart above shows the cycle), and past growth is a record, not a forecast.
Detached, semi, terraced, flat: four markets in one
A single median hides the split beneath it. Sales of semi-detached homes dominate the record here, 35% of the typed total. A detached home currently trades at £422,500 against £170,000 for a flat, 2.5 times the price.
Median by property type, OX16
One line per type, years with too few sales omitted. Hover for the year's figures; click a legend entry to isolate a type.
| Type | Median (2026) | Sales that year | All-time sales |
|---|---|---|---|
| Detached | £422,500 | 57 | 5,382 |
| Semi-detached | £295,000 | 93 | 10,213 |
| Terraced | £258,000 | 57 | 8,454 |
| Flats | £170,000 | 36 | 4,921 |
How many homes change hands in OX16
The year-by-year sales count
Recorded sales per year. The dip after 2008 is the financial crisis; the last bar is still filling in as recent sales get registered.
The last five years, month by month
Sales as they reached the register each month. Expect the seasonal sawtooth, and discount the newest months while late entries land.
The register shows 558 OX16 sales across the most recent twelve months of data. Like most of England and Wales, turnover never fully recovered from 2008: the market here averaged 1,202 sales a year before the financial crisis and 699 a year over the last five. Watch the volume as closely as the price. Thin years make jumpy medians, where one street's sales can move the figure, and the newest year is always incomplete because registrations trail completions by weeks or months.
The shape of the OX16 market
By median price OX16 sits at the bottom of its postcode area: the cheapest way in, with the least expectation already in the price.
What homes rent for around OX16
The local authority for OX16 is Cherwell, and its ONS average private rent currently stands at £1,289 a month (May 2026 figures). A one-bed averages £963 a month here and a four-or-more-bed £2,181, so size does most of the work in setting the rent.
Average monthly rent by size, Cherwell
ONS Price Index of Private Rents, May 2026.
Against the £287,500 median purchase price, a rent of £1,289 a month (£15,468 a year) works out at a 5.4% gross yield, a ceiling figure that ignores letting costs, voids, maintenance and tax. Because rents are local-authority statistics, districts sharing the authority share the figure.
OX16 (Banbury): the questions that come up
Is OX16 (Banbury) a good place to buy a house?
How much did a house sell for in OX16 (Banbury)?
Are property prices falling in OX16 (Banbury)?
What happens to OX16 prices now?
No honest page predicts prices, so this one sticks to the record: the median is up 3% over five years in cash but down 19% after inflation. Anyone weighing a purchase should read the volume chart with the price chart, remembering that these are completed sales, registered weeks after the deals were actually struck.
OX16's current homes for sale
Everything above is what homes in OX16 sold for. The live side of the market holds 462 homes at the moment, listed by 8 agents publishing to HomesIndex, at a typical asking price 1% above the OX16 median sold price.
28% of current listings sit under the prices comparable homes actually fetched. Every listing is measured against recent recorded sales of similar nearby homes.
- Foscote Rise, Banbury, Oxfordshire, Banbury
- Lord Fielding Close, Banbury, Banbury
- Oxford Road, Banbury
"Under comparable sales" compares each asking price with what similar homes nearby actually sold for. It is a starting point for a conversation, not a valuation. Always look at the home itself.
See every OX16 home for sale on the map →
These asking prices come live from estate agents publishing feeds to HomesIndex, refreshed each Monday and Thursday. They are a sample of the market rather than its entirety, and an asking price is not a sale price.
The price of an extra bedroom in OX
The Land Registry record, split by size: what each kind of home actually sold for across the OX area. Size steps are fiercely local. A third bedroom adds a quarter to the price in some areas and close to four fifths in others, which is why no national rule of thumb survives contact with a real market.
| Type | 1 bed | 2 bed | 3 bed | 4 bed | 5 bed |
|---|---|---|---|---|---|
| Detached | — | £390,000 | £512,000 (+31%) | £750,000 (+46%) | £1,175,000 (+57%) |
| Semi-detached | £285,000 | £350,000 (+23%) | £413,375 (+18%) | £550,000 (+33%) | £848,750 (+54%) |
| Terraced | £275,000 | £322,500 (+17%) | £385,000 (+19%) | £506,000 (+31%) | £848,725 (+68%) |
| Flat | £200,000 | £255,000 (+27%) | £475,000 (+86%) | £625,500 (+32%) | — |
Medians of recorded sales over the last four years, by built form and bedroom count. Sold homes carry no advertised bedroom count, so sizes are estimated from their EPC records; a small number of homes will sit one size out. Where too few homes exist to say anything meaningful, the cell is blank.
The risers and the fallers
OX16 ranks 15 of 26 in the OX area on five-year growth. The gap between the top and bottom of this chart is the difference between buying well and buying badly in the same city.
OX area districts: five years of change
The biggest risers and fallers in cash terms; every row links to that district's report.
Inside OX16, sector by sector
Below district level sit the sectors, street groups with reports of their own, and the gaps between neighbouring ones can be sharp.
| Sector | Median (latest) | Sales that year |
|---|---|---|
| OX16 0 | £268,000 | 21 |
| OX16 1 | £287,000 | 57 |
| OX16 2 | £277,000 | 31 |
| OX16 3 | £260,000 | 23 |
| OX16 4 | £237,500 | 24 |
| OX16 5 | £191,200 | 12 |
| OX16 9 | £352,500 | 75 |
How OX16 compares nearby
Same city, different markets. The dearest districts of the OX area, and OX16 itself, which ranks 26 of 26 by median price:
| District | Median | 5-year |
|---|---|---|
| OX2 | £540,000 | -7% |
| OX49 | £510,000 | +4% |
| OX1 | £500,000 | +8% |
| OX7 | £500,000 | +19% |
| OX33 | £483,000 | +0% |
| OX15 | £452,500 | +13% |
| OX39 | £450,000 | +3% |
| OX9 | £447,500 | +3% |
| OX10 | £443,000 | -1% |
| OX20 | £441,200 | -12% |
| OX29 | £440,000 | +9% |
| OX3 | £435,000 | +1% |
| OX44 | £435,000 | +2% |
| OX4 | £415,000 | +11% |
| OX25 | £407,500 | +12% |
| OX13 | £402,500 | -15% |
| OX17 | £400,000 | +4% |
| OX27 | £385,000 | -1% |
| OX5 | £375,000 | -2% |
| OX11 | £375,000 | +9% |
| OX14 | £371,200 | +6% |
| OX12 | £340,000 | +0% |
| OX18 | £340,000 | +5% |
| OX16 (this report) | £287,500 | +3% |
Thinking of selling in OX16? Get a rough value first
Start from what homes here actually sold for, not an estimate. Before booking a house valuation or flat valuation in OX16, use the average prices map for a rough value: zoom from OX16's shading down to the sold homes on your own street. The figures above are every recorded OX16 sale; agents price with this same Land Registry record, and now you have it too.
For local estate agents: each district report carries one featured-agent spot, free while founding places last. Claim OX16.
Take it further
Behind the answers sits the same Land Registry record as this page, with OX16 already set as the subject. Free, one click sign in.
See every individual OX16 sale on the live map, mapped to the exact address, or zoom the average prices map from neighbourhood shading down to single homes. The report tool writes a custom answer to a specific question, and the mortgage and rent calculator on any sale runs the numbers on a real purchase.
Method, briefly: HM Land Registry Price Paid Data (Crown copyright, OGL v3.0) supplies every sale, geocoded to address level; CPIH from the ONS restates prices in today's money; ONS local-authority figures supply the rents. Medians of real sales, not valuations. No part of this page is financial advice.